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J&J to Establish Innovation Center in China

publication date: Sep 18, 2012

Johnson & Johnson will set up four innovation centers around the globe – one of them in China. The goal will be to identify and in-license promising early-stage innovative technologies that may solve currently unmet medical needs. The centers will be staffed with 15 to 20-member teams that include scientists, business developers and deal-makers. The company placed the centers in drug research hotspots so that the J&J teams can have first-hand knowledge of local developments. More details....

Stock Symbol: (NYSE: JNJ)

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